Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user
You will be redirected back to your article in seconds

Forever 21 Files for Bankruptcy, 178 Stores Targeted for Closing

When it comes to sustainability, there is no way forward without a plan. Attend our in-person “Sustainability Summit: Road to 2030” June 1 in NYC. Learn from the industry’s best and brightest, and network to create those necessary partnerships!

Teen fast-fashion retail chain Forever 21 has filed for bankruptcy. The Los Angeles-based apparel firm filed a voluntary Chapter 11 petition Sunday night seeking bankruptcy court protection in Delaware. Linda Chang, executive vice president of the fast-fashion chain, said, “This was an important and necessary step to secure the future of our company, which will enable us…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!